Administration Draws

GLO Publishing HTML 1

​​Administrative
costs are the costs for services that are being completed by the Subrecipient
or Grant Administrator that are not specifically linked to housing activities. Administration costs are limited to 2% of the Subrecipient’s
contract amount. The reimbursement
requests for these costs are submitted through the Housing Contract System
(HCS) and cross-referenced with the financial benchmarks for the contract.​

GLO Publishing HTML 2

​

​​Administration costs include the following:

Providing overall information about the program

Preparing program budgets, schedules, and amendments

Monitoring program activities for progress and compliance with program requirements